Changzhou Xingyu Automotive Lighting Systems said management erred in its assessment and acted “hastily” without fully considering that the graduates had only recently joined the company.

The company apologized and disciplined four managers after the dismissals drew scrutiny over the difficulties recent graduates face finding new jobs.

Changzhou Xingyu Automotive Lighting System Co, in East China’s Jiangsu Province, has issued rectification measures over the improper handling of the newly hired university…